New Pyramid in Egypt

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Leasing Industry Job Wanted
Credit – Experienced Asset Manager

Asset Management

Experienced Asset Manager / Remarketer seeking position.  At IBM Global Financing I managed the IT lease portfolio of PC and PC Server assets.  I mainly focused on creating secondary transactions with leased assets (sales and renewals).  In other roles I was focused on managing remarketing of assets after end of lease.  I am in the Chicago area and I am comfortable and experienced at working remotely.  Contact: lorenw999@gmail.com   LinkedIn Profile: https://www.linkedin.com/in/loren-r-williams/

Credit

Interested in 20 to 30 hours per week. Strong skill set is analyzing/developing business development entry strategies for multiple industry sectors from an equipment finance perspective. This would be more of a consulting approach. Excel, CRM (Siebel, Salesforce, etc.), Word, PPT skills. I have plenty of credit score card analytical experience, but more from an underwriter or portfolio management perspective. Could use my experience with the SBA EIDL credit algorithm experience. Emphasis on asset based and secured financing to the middle and large ticket market. https://www.linkedin.com/in/cramerowen/
Cramer Hill Owen II <ch2capital@gmail.com>

Post a Free Ad that You are Looking
Limited to 100 Words
http://leasingnews.org/Classified/Jwanted/Jwanted-post.htm

 

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Top Ten Leasing News
March 22 to March 26

(Stories most opened by readers)

(1) New Hires/Promotions in the Leasing Business
    and Related Industries
http://leasingnews.org/archives/Mar2021/03_26.htm#hires

(2) As Lessor Have You Read Your Vehicle Lease Lately?
    By Edward P. Kaye, Esq. and Sloan Schickler, Esq.
http://leasingnews.org/archives/Mar2021/03_26.htm#as

(3) “Bill Requiring Certain Financing Disclosures,"
    Making its Trip through the Connecticut Senate
http://leasingnews.org/archives/Mar2021/03_22.htm#bill

(4) Today 3:00 pm EST Free AACFB Webinar
    Wed. March 24
     Mastering TValue Online to Win More Deals
http://leasingnews.org/archives/Mar2021/03_24.htm#webinar

(5) North Mill Equipment Finance Announces
    It's Largest Securitization Ever at $268 Million
http://leasingnews.org/archives/Mar2021/03_22.htm#nm

(6) 3 Reasons Companies Can't Hire Top Talent
    The Ultimate Hire by Ken Lubin, ZRG Partners
http://leasingnews.org/archives/Mar2021/03_22.htm#3

(7) Solar Financing Firms
    Working with Third Party Originators
http://leasingnews.org/archives/Mar2021/03_22.htm#solar

(8) ELFA Reports Business Down 9% in January
    Pandemic Affecting the Larger Finance Institution
http://leasingnews.org/archives/Mar2021/03_24.htm#elfa

(9) Most Influential Lawyers
    in Equipment Finance and Leasing
http://leasingnews.org/archives/Mar2021/03_24.htm#lawyers

(10)  Top Five Potential Relationships
    Sales Make it Happen by Scott Wheeler, CLFP
http://leasingnews.org/archives/Mar2021/03_24.htm#five

 

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Are you an Equipment Leasing’s version
of Blockbuster video?

Observations from the Front Porch by Jim Acee

Believe it or not, there was a time when you would get in the car and drive to the nearest ‘video' store to rent your favorite new movie release.

Back then, our cars did not come standard with electric windows or cruise control. (Come on, you Gen Xers remember your parents ’86 Ford Taurus with crank handles for the car windows.)  It seems that almost every luxury eventually becomes a necessity (raise your hand if you had a ‘bag’ phone…).

There are some new trends in equipment financing that may appear to be just unneeded costly upgrades. Like electronic car windows after the Reagan administration, they will eventually become standard operating procedure. No cigarette ashtray and changing the headlights with your foot on the floor switch, to name a few of the changes.  (I’ve intentionally left FinTech off the list as well as working remotely instead of a central office or visiting the office of the clients to obtain paperwork, and yes, I know Merchant Cash Advance has been around for many years).

Ignoring these trends may leave your company playing catch up, assuming your competitors don’t bury you before you adapt and adopt.

Worse yet, if you are an equipment finance sales person, it will mean losing sales to competitors that have embraced these technologies.

Those companies still using paper documents, 24- hour credit turnaround and faxed credit apps are now the Blockbuster Video of the leasing industry.

Below is a list of just some of the new trends that are starting to emerge or have become common in the equipment finance industry (some have been around for more than a decade).

• Automated credit decisioning – While auto decisioning has been around for 20+ years, few companies trust their decisioning models enough to eliminate most human intervention. If your automated credit model is not decisioning at least 70% of your credit applications, without human intervention, you will be playing a losing game to those that do.  Expect the companies out there touting 2-hour turnaround time on credit decisions to be buried by those doing it in less than 3 minutes.

• Electronic signature/eDocs – Electronic documents from companies like DocuSign are becoming the norm in the mortgage industry. Unfortunately, the equipment finance industry has been slow to adopt this technology. Expect the bank lessors with mortgage divisions to be leading the charge to change over to eDocs in their leasing divisions. Just think, no more incorrectly signed leases or lost doc packages! No longer can a client decision maker plead “I’m out of the office until the 2d.”

• Phone apps – I’ve seen various leasing company apps for mobile phones but most are just a lease quote tool and nothing else. One Top 25 lessor has a phone app that not only does the quote on the vendor’s letterhead that can be emailed to the end user, their vendor’s sales reps can also enter a credit app (up to $250K with the just the information on a business card and a picture of the lessee’s driver license), get an automated credit decision in less than 3 minutes and request the document package. The eDocs are sent directly to the customer for eSignature. It is feasible that from quote to document signature could take less than 10 minutes. Now that’s how you take a deal off the street!

• Telematics (the long-distance transmission of computerized information) - Telematics is used to transmit equipment operating information on everything from copiers to construction equipment. Today, manufacturers and equipment dealers are capturing this information primarily for service and maintenance information. Captive equipment lessors and non-captive lessors with large vendor programs are already offering programs where they are tied into the manufacturer’s telematics information to streamline ‘servitization’ billing. Look for telematics to change the face of equipment leasing industry away from the financing of just equipment to more ‘cost per’, usage and ‘servitization’ models.

• Electronic invoicing – this is not only convenient it is a major cost savings over snail mail of invoicing.

• Electronic lessee payment – the ability to accept Credit Cards, Pay Pal and other forms of electronic payment just makes good sense. Your customers are paying everything else electronically, why not your monthly invoice?

• ACH payment to vendors – You’re not actually still sending checks are you...really?

I was compelled to put together this short list of emerging trends after speaking to a well-known lessor recently.  When I asked the individual what the companies value proposition was, he touted the fact that they have 4 hour turnaround time, including approval, Equipment Finance Agreement funding, without an insurance certificate, and can ACH the vendor as well as pay the originator; $150,000 application only and can under the right circumstances do $500,000 application
only).

He also told me he heard of Blockbusters, but didn’t know much about them. He also told me he was not aware that Netflix has been around for 24 years and he didn’t know they still send out DVD’s to subscribers, if you are on a DVD subscription plan. He was amazed!

Jim Acee
jjacee@verizon.net
Sr. EFD National Property Manager
VP Material Handling
Bank of the West
He has a rich background, serving as
DLL Country Sales Manager;
Vice President, Syndication Buy Desk;
Vice President, Field Sales, Wells Fargo Capital Finance;
Managing Director, Vendor Leasing, US Bank;
Director of Sales, US Bancorp (formerly BCL).
https://www.linkedin.com/in/jim-acee-578a03b

Leasing Industry Help Wanted

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Homeschooling (yourself)

The Ultimate Hire by Ken Lubin, ZRG Partners

 

Many of us are at home with the kids.

Regardless, this is a learning experience like no other.  Whether or not you have kids at home, there is still an amazing opportunity to learn.  A few things that I am learning about these times include:

• That my 11-and 15-year old can use video conferencing to log into their classrooms. Many will say that they are on devices too much but I think this is likely one of the best learning experiences they could have.  Education meetings are real world experiences.

• I learned more about web design and email marketing in the past 2 weeks than I ever have. 

• Using a creative mind: Both my kids, my spouse, and my mom are thinking outside the box like never before.  Utilizing  technology with a creative mind keeps the brain firing on all cylinders

• Books. When the brain has been stimulated too much, it is nice to pick up a physical book. You can get lost in the words and imagery that only a book can do.

Homeschooling is not just about formal education but it is about learning and relearning, training the mind, body and soul to be more patient, accepting, and creative.  Regardless, at this point, we are all being homeschooled.  How we embrace it is another thing.
 

Hang in there and stay safe

Ken

Ken Lubin
Managing Director
ZRG Partners, LLC
Americas I EMEA I Asia Pacific
C: 508-733-4789
https://www.linkedin.com/in/klubin/

"What is the Ultimate Hire? The Ultimate Hire is the professional that every business, team or leader needs in their organization. This is the high performance individual that always rises to the top, brings the team to the next level and can significantly add to the bottom line. The Ultimate Hire is the person that you can't afford to be without. Finding, Attracting, Hiring and Retaining these professionals is critical to the success of your business. We have identified these traits and can help you find these top professionals."

The Ultimate Hire Collection:
http://leasingnews.org/Conscious-Top%20Stories/ultimate.html

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Companies who utilize Evergreen Clauses
for Extra Lease Payments
Two Turned Down Who Wanted to Advertise in Leasing News

ACC Capital, Midvale, Utah
De Lage Landen, Wayne, Pennsylvania
IFC Credit, Morton Grove, Illinois
Jules and Associates, Los Angeles, California
LEAF Financial Group, Philadelphia, Pennsylvania
Marlin Business Leasing, Mount Laurel, New Jersey
Marquette Equipment Finance, Midvale, Utah
Mazuma Capital Corporation, Draper, Utah
Onset Financial, South Jordan, Utah
Pacific Western Equipment Finance, Cottonwood Heights, Utah
Partners Capital Group, Santa Ana, California
Republic Bank, Bountiful, Utah
Tetra Financial Group, Salt Lake City, Utah
Winthrop Resources, Minnetonka, Minnesota

Full List:
http://leasingnews.org/Pages/lease_expiration_evergreen_badguys.htm

Financial Data of the Week Chart
    Compliments of Alberto Calva, B. Eng, M.Econ

acalva@acusconsulting.com
+1-416-824-1924
www.acusconsulting.com
Toronto, Canada

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Stop Drinking the Kool-Aid,
Facebook Ads Don’t Work for Finance

FinTech #102 by Brittney Holcomb

 

Before any financial company decides where to spend its marketing dollars, it is imperative to really define the goals in terms of Branding or Lead Generation. That will determine what social ads may be beneficial.

One thing that studying different marketing channels has led me to believe is the misconception about social media advertising for lead generation, especially for B2B businesses.

An important factor to remember with social media is the audience that is active on those networks. If you were looking for a service pertaining to your finances, would you resort to Facebook for the answer? Most likely not. So why would you consider advertising in a space where your target audience isn’t spending their time?

Likes Do Not Equal Leads

We have over 200 clients within financial industry who have dabbled in the social ads realm resulting with no tangible results other than the fact that they can say they have 500 likes on Facebook…so what?

While consumers and business executives interact with financial companies on social media by liking, commenting, or following their posts, they are not necessarily interested in their ads. People don’t log on to social networks to search for products or services. They use social media to communicate with their friends and family.

Consumers and business executives are very hesitant to search for such a private matter like financial needs on social media. A sales cycle for a financial company is also much more complex than a ‘click and buy’ scenario like the majority of social ads offer.

If financial companies are looking to reach serious prospects for real time lead generation, they are better off utilizing a search engine pay-per-click (PPC) platform rather than social media ads. PPC advertising such as Google Adwords offers a much larger ROI for lead generation goals than running ads on any social network. 

What Social Ads Can Do For Your Business

Social Media Marketing really falls under brand marketing rather than lead generation. Through branding on social networks, businesses are able to utilize the channel for promoting new products and allowing consumers a place to leave comments and reviews about the services.

Consumers do use social networks to research local businesses quite frequently, which can benefit you if your past customers leave good reviews about their experience.

Think of social media marketing as the modern day PR campaign. Use the platforms to create a voice and presence for your business.

So what’s the bottom line here?

Should your financial business have social profiles? Yes.

Should you advertise on social media networks hoping for leads? No.

Regardless of your main marketing goal, you should always build profiles on social networks for a few reasons: 

1. To claim your company/brand name on that platform
2. To provide a channel for your clients to leave reviews about your services
3. For distributing your content marketing efforts to your audience.

However, when it comes to developing lead generation, social networks are not the answer. Spend your marketing dollars where you know your audience is spending their time when they are searching for services or products similar to yours. 

Brittney Holcomb is the Director of Paid Search at The Finance Marketing Group. She works exclusively with finance companies and banks to help better develop their business online through digital marketing strategies. Brittney has been trained by some of the top leaders in the industry giving her a vast knowledge she is able to pass along to her client base.

email: brittney@financemarketing.com
https://www.linkedin.com/in/brittney-holcomb-02101834

Previous Financial Technology Articles
http://www.leasingnews.org/Conscious-Top%20Stories/fintech.html

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Back Office Companies

Advance Property Tax Compliance	Haws Consulting Group
Barrett Management Corp.	JDR Solutions
ECS Financial Services	Lease Broker Assistant, LLC
RPC Property Tax Advisors, LLC	LeaseDimensions, Inc.
GreatAmerica Portfolio Services Group LLC	Madison Capital, LLC
Group 88 Systems, Inc.	Orion First Financial, LLC
	Portfolio Financial Servicing Co.

Full List:
http://leasingnews.org/Ag_leasing/backoffice.htm

German Shepherd
Alexandria, Virginia   Adopt-a-Dog

Lorelei

ID#ACR: A082470
Female
Large
Color: Brown/Chocolate with Black
Age: Adult
Location: Shelter

Description:

Hi there! My name is Lorelei and I am a beautiful young adult German Shepard looking for the perfect family or person to spend my life with. I love everyone I meet, but am a little more selective about my four-legged friends and should be the only dog in the home. I love to run and play and am hoping to find someone with as much energy as I have. And because I do have a lot of energy, I would really like to have a space where I could run or at least have someone take me on long walks. I would make an excellent jogging or hiking buddy! I am pretty smart and eager to learn, especially if you bribe me with hot dogs! Additionally, I would be a very loyal companion for the right person. So if you think we could be a match, make an appointment to come see me. I can't wait to meet you!

If you would like to meet me,  please go to AlexandriaAnimals.org/Adopt-By-Appointment to get more information and to schedule a time to meet with me either via video call or at the shelter. If you have questions about this process, please email info@alexandriaanimals.org or call 703-746-4774.

Adoption Information:
https://alexandriaanimals.org/adoption-information/

Animal Welfare League of Alexandria
4101 Eisenhower Avenue
Alexandria, CA 22304
7030746-4774
info@alexandriaanimals.org

News Briefs---

Lawmakers ask Biden to issue waiver to make
    Covid-19 vaccination mandatory for members of military
https://www.cnn.com/2021/03/24/politics/congress-letter-military-vaccine/index.html

$300 a day for a rental car? There’s a reason for that
    The pandemic threw rental car companies a curveball
https://www.mercurynews.com/2021/03/26/300-a-day-for-a-rental-car-theres-a-reason-for-that/

The Texas freeze overwhelmed plumbing and hardware
     businesses a month ago. They’re still recovering
https://www.dallasnews.com/business/local-companies/2021/03/28/the-texas-freeze-overwhelmed-plumbing-and-hardware-businesses-a-month-ago-theyre-still-recovering/

‘Vaccine passports’ are on the way,
    but developing them won’t be easy
https://www.washingtonpost.com/health/2021/03/28/vaccine-passports-for-work/

Black-owned distilleries are breaking barriers
    that once surrounded the Kentucky bourbon industry
https://www.washingtonpost.com/business/2021/03/24/kentucky-bourbon-black-owned-business/

US whiskey makers about to get
     soaked by higher tariffs
https://nypost.com/2021/03/28/us-whiskey-makers-about-to-get-soaked-by-higher-tariffs/

'Your vacation is my home': Hawaii's residents are
     speaking out against tourists behaving badly
https://www.sfgate.com/hawaii/article/hawaii-residents-locals-tourists-behaving-badly-16056414.php

Boston hotels, among hardest hit in the country,
    could take years to recover
https://www.bostonglobe.com/2021/03/28/business/boston-hotels-among-hardest-hit-country-could-take-years-recover/

 

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You May Have Missed---

Tech's Hottest Job Title in 2021?
   'Head of Remote Work'
https://www.sfchronicle.com/local/article/Meet-the-people-making-your-work-from-home-16044685.php

[headlines]
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Sports Briefs---

Baseball's 2021 season brings hope for Giants, for A's
     - and for a return to normalcy
https://www.sfchronicle.com/sports/annkillion/article/Baseball-s-2021-season-brings-hope-for-Giants-16054126.php

Not so fast: Four reasons why the 49ers
     should keep Jimmy Garoppolo in 2021
https://www.sfchronicle.com/sports/49ers/article/Not-so-fast-Four-reasons-why-the-49ers-should-16059487.php

No fans allowed: U.S. Women's Open in S.F.
     will take place without spectators
https://www.sfchronicle.com/sports/golf/article/No-fans-allowed-U-S-Women-s-Open-in-S-F-will-16058411.php

[headlines]
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California Nuts Briefs---

Return to pre-pandemic normal?
    Some Bay Area residents say 'not so fast'
https://www.sfchronicle.com/health/article/Return-to-pre-pandemic-normal-Some-Bay-Area-16058271.php

Santa Clara police union in hot water
     over its donation ask
https://sanjosespotlight.com/santa-clara-police-union-in-hot-water-over-its-donation-ask/

Jack London had racist ideas.
     It's time to rename the square
https://www.sfchronicle.com/local/justinphillips/article/It-s-time-to-change-the-name-of-Jack-London-16056873.php

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“Gimme that Wine”

http://www.youtube.com/watch?v=EJnQoi8DSE8

Pa. Supreme Court upholds ruling that
    the PLCB illegally restricted wine shipping
https://www.inquirer.com/business/plcb-violated-law-direct-shipping-wine-restaurants-retailers-20210325.html

Curtis Phillips (1964-2021)
https://www.winebusiness.com/news/?go=getArticle&dataId=243238

Woodward Canyon Celebrates 40th Anniversary
    as a Multigenerational Walla Walla Valley Winery
https://www.winebusiness.com/news/?go=getArticle&dataId=243307

A bottle of wine was blasted into space.
    Here's what it tastes like now
https://www.cnn.com/travel/article/space-wine-tasting-scli-intl/index.html

Winery turning some of its property
    into pollinator sanctuaries
https://www.eastbaytimes.com/2021/03/28/jordan-winery-turning-some-of-its-property-into-pollinator-sanctuaries/

These Wine Country women changed the way we eat
https://www.pressdemocrat.com/article/lifestyle/these-wine-country-women-changed

Free Wine App
https://www.nataliemaclean.com/mobileapp/

Wine Prices by vintage
http://www.winezap.com
http://www.wine-searcher.com/

This Day in History

      1638 - The first permanent white settlement in Delaware was established. Swedish Lutherans who came to Delaware were the first to build log cabins in America. The first English colonists did not know how to build houses from logs but those who lived in the forests of Scandinavia, Germany and Switzerland did. German pioneers who settled in Pennsylvania built the first log cabins there in the early 1700s. The Scot-Irish immigrants who settled in the Appalachian highlands after 1720 made the widest use of log cabins and by the time of the American Revolution, log cabins were the mainstay among settlers all along the western frontier.    
    1756 - The first stage route linking Philadelphia and New York City was completed. The roads were poor in Colonial times and affected meetings in Philadelphia. By 1766, the Flying Machine, a box wagon that ran from Camden to what is now Jersey City, was the fastest way to travel. The 90-mile trip took two days and passengers had to use a ferry at each end. The first major turnpike in America was completed in 1794 between Philadelphia and Lancaster, Pa. The large profits that could be realized by sponsoring such a company led to the construction of many such roads throughout America, often in areas where they were not necessary. Lancaster Turnpike, 62 miles long, was the first macadam road in the U.S. In 1806, the first appropriation by Congress was made to build the Great National Pike, also known as the Cumberland Road as it linked Cumberland, Maryland to Vandalia, Illinois (see below).
    1790 - John Tyler (d. 1862), tenth president of the US (Apr 6, 1841-Mar 3, 1845), was born at Charles City County, VA, Tyler succeeded to the presidency upon the death of William Henry Harrison. Tyler's first wife died while he was president, and he remarried before the end of his term in office, becoming the first president to marry while in office. Fifteen children were born of the two marriages. In 1861, he was elected to the Congress of the Confederate States but died at Richmond, VA, Jan 18, 1862, before being seated. His death received no official tribute from the US government.
http://www.whitehouse.gov/history/presidents/jt10.html
    1806 - Congress appropriated $30,000 as part of a program to build national highways, starting with what was called the Great National Pike, later to be known as the Cumberland Gap, built in sections from 1806 to 1940 between Cumberland, MD, and Vandalia, IL. Its primary purpose was to connect the Potomac and Ohio Rivers.  Total cost was $6,821,246. In 1856, the road was turned over to the states though which it passed.  Today, much of the alignment is followed by US Route 40, with various portions bearing the alternate US Route or various state-road numbers.
    1814 - In the Battle at Horseshoe Bend, Alabama, Andrew Jackson beat the Creek Indians.
    1847 - Some 12,000 US forces led by General Winfield Scott occupied the city of Vera Cruz after Mexican defenders capitulated.
    1848 - Ice jam in Niagara Falls. For the first time in recorded history, Niagara Falls stopped flowing. An ice jam in the Niagara river above the rim of the falls caused the water to stop.
http://memory.loc.gov/ammem/today/mar29.html
    1852 - Ohio legislated that children under 18 and women cannot work more than 10 hours a day.
    1856 - Clipper ship "Nightingale" sailed from London to San Francisco in 121 days, a world record.
    1865 - The final campaign of the war begins in Virginia when Union troops of General Ulysses S. Grant move against the Confederate trenches around Petersburg. General Robert E. Lee's outnumbered Rebels were soon forced to evacuate the city and begin a desperate race west. Eleven months before, Grant moved his army across the Rapidan River in northern Virginia and began the bloodiest campaign of the war. For six weeks, Lee and Grant fought along an arc that swung east of the Confederate capital at Richmond. They fought some of the conflict's bloodiest battles at Wilderness, Spotsylvania, and Cold Harbor before they settled into trenches for a siege of Petersburg. Lee's army was dwindling in size to about 55,000, while Grant's continued to grow--the Army of the Potomac now had more than 125,000 men ready for service. On March 25, Lee attempted to split the Union lines when he attacked Fort Stedman, a stronghold along the Yankee trenches. His army was beaten back, and he lost nearly 5,000 men. Grant seized the initiative, sending 12,000 men past the Confederates' left flank and threatening to cut Lee's escape route from Petersburg.  Two days later, the Yankees struck at Five Forks, soundly defeating the Rebels and leaving Lee no alternative. He pulled his forces from their trenches and raced west, followed by Grant. It was a race that even the great Lee could not win. He surrendered his army on April 9 at Appomattox Court House.
    1867 - Birthday of Denton True “Cy” Young (d. 1955), Baseball Hall of Fame pitcher, at Gilmore, OH. Young is baseball's all-time winningest pitcher, having accumulated 511 victories in his 22-year career. The Cy Young Award is given each year in his honor to the best pitcher in each league. Inducted into the Hall of Fame in 1937.  In addition to wins, Young still holds the Major League records for most career innings pitched (7,356), most career games started (815), and most complete games (749).  He also retired with 316 losses, the most in MLB history. Young's 76 career shutouts are fourth all-time. He also won at least 30 games in a season five times, with ten other seasons of 20 or more wins. In addition, Young pitched three no-hitters, including the third perfect game in baseball history, first in baseball's "modern era.” As a result, his average year was 23-14, 334 innings pitched, 37 games started, 34 complete games, 3.5 shutouts, with a career ERA of 2.63.  In 1999, 88 years after his final appearance and 44 years after his death, editors at “The Sporting News” ranked Young 14th on their list of "Baseball's 100 Greatest Players."  That same year, baseball fans named him to the MLB All-Century Team.
    1867 - Congress approved the Lincoln Memorial.
    1867 - The North American Pact: this act of the British Parliament established the Dominion of Canada, uniting Ontario, Quebec, Nova Scotia and New Brunswick. The remaining colonies in Canada were still ruled directly by Great Britain until Manitoba joined the Dominion in 1870, British Columbia in 1871, Prince Edward Island in 1873, Alberta and Saskatchewan in 1905 and Newfoundland in 1949. Union was proclaimed July 1, 1867.
    1882 - The first Knights of Columbus charter was granted by the state of Connecticut. Founded by Father Michael J. McGovney in New Haven, it was named in honor of the Christopher Columbus. This Catholic family fraternal service organization has grown into a volunteer force of Knights and family members totaling nearly six million who annually donate tens of millions of dollars and volunteer hours to countless charitable projects.
    1886 - Coca-Cola is created (with cocaine—legal at the time).
    1886 - Atlanta was drenched with a record 7.36 inches of rain in 24 hours.
    1893 - US Congressman James Blount arrived in Hawaii to investigate the change in government. He later reported to Congress that annexation to the US was being forced and that the people of Hawaii supported their queen.  After a coup overthrew Queen Lili’uokalani of Hawai'i in early 1893, the new government sought annexation to join the United States. President Benjamin Harrison was supportive and sent a treaty to the Senate. His successor, President Grover Cleveland, a Democrat like Blount, opposed annexation and sent Blount, now a private citizen, to investigate. The report he issued on July 17, 1893 is known as the Blount Report.  Blount recommended the rejection of annexation and stated that the natives should be allowed to continue their Asiatic ways. When Blount blamed the U.S. consul for providing assistance for the overthrow, Cleveland proposed to use American military force to overthrow the new government by force and reinstall Liliuokalani as an absolute monarch. When the deposed Queen refused to grant amnesty as a condition of her reinstatement, she was accused of telling an American official she would "behead" the current government leaders and confiscate their property, Cleveland washed his hands of the matter by referring it to Congress.  The U.S. Senate, under Democratic control but angered at being shut out of a major foreign policy issue by Cleveland, then produced its own report, written by Senator John Tyler Morgan, a Democrat. It completely contradicted Blount's findings and found the revolution in Hawaii was a completely internal affair.
    1906 - E. Power Biggs (d. 1977) was born at Westcliff-on-Sea, Essex, England.  He came to the US in 1930 at the age of 24, naturalized as an American citizen, and became a well-known Baroque organist who helped establish the organ as a concert instrument. Biggs refused to perform on electronic organs but sought out and recorded on organs surviving from the era of Johann Sebastian Bach and George Frederick Handel. After arthritis forced him to retire, he published early organ music.
http://web.wt.net/~pallas/BiggsSite.htm
    1918 - Singer Pearl Bailey (d. 1990) birthday, Southampton County, VA.  A star of stage, screen and television, she won a Tony Award and Daytime Emmy Award.
http://www.wic.org/bio/pbailey.htm
http://womenshistory.about.com/library/bio/blbio_bailey_pearl.htm
    1918 – Birthday of Sam Walton (d. 1992), Kingfisher, OK.  A business executive, he revolutionized retailing with his discount mega-store chain, Walmart, begun in 1962.  As of January 31, 2021, Walmart has 11,443 stores and clubs in 27 countries, operating under 56 different names Walmart is the world’s largest company by revenue, with $548.743 billion, according to the Fortune Global 500 list in 2020. It is also the largest private employer in the world with 2.2 million employees. It is a publicly traded family-owned business, as the company is controlled by the Walton family. Sam Walton's heirs own over 50 percent of Walmart through both their holding company Walton Enterprises and their individual holdings.  Walmart was the largest United States grocery retailer in 2019 and 65 percent of Walmart's $510.329 billion sales came from U.S. operations.
    1920 - Clear Spring, MD, received 31 inches of snow in 24 hours to establish a state record.
    1925 - Black leaders protest the showing of D. W. Griffith's “Birth of a Nation,” scheduled to open at the Rialto Theatre in Charleston on April 1, on the grounds it violated a 1919 state law prohibiting any entertainment which demeaned another race. Mayor W. W. Wertz and the West Virginia Supreme Court supported their argument and prevented the showing of the film.
    1936 - Birthday of Judith Guest, author, Detroit. Her novel, “Ordinary People,” was the first unsolicited manuscript accepted by Viking Publishers in 30 years. The movie version won four Academy Awards, including best picture.
    1940 - Frank Sinatra with the Tommy Dorsey Band cuts “Fools Rush In.”
    1944 - Top Hits
“Besame Mucho” - The Jimmy Dorsey Orchestra (vocals: Bob Eberly & Kitty Kallen
“Mairzy Doats” - The Merry Macs
“Poinciana” - Bing Crosby
“So Long Pal” - Al Dexter
    1945 - Providence, RI, hit 90 degrees to establish a March record for the New England area
    1945 - DIETZ, ROBERT H., Medal of Honor
Rank and organization: Staff Sergeant, U.S. Army, Company A, 38th Armored Infantry Battalion, 7th Armored Division. Place and date: Kirchain, Germany, 29 March 1945. Entered service at: Kingston, N.Y. Birth: Kingston, N.Y. G.O. No.: 119, 17 December 1945. Citation: He was a squad leader when the task force to which his unit was attached encountered resistance in its advance on Kirchain, Germany. Between the town's outlying buildings 300 yards distant, and the stalled armored column were a minefield and 2 bridges defended by German rocket-launching teams and riflemen. From the town itself came heavy small-arms fire. Moving forward with his men to protect engineers while they removed the minefield and the demolition charges attached to the bridges, S/Sgt. Dietz came under intense fire. On his own initiative he advanced alone, scorning the bullets which struck all around him, until he was able to kill the bazooka team defending the first bridge. He continued ahead and had killed another bazooka team, bayoneted an enemy soldier armed with a panzerfaust and shot 2 Germans when he was knocked to the ground by another blast of another panzerfaust. He quickly recovered, killed the man who had fired at him and then jumped into waist-deep water under the second bridge to disconnect the demolition charges. His work was completed; but as he stood up to signal that the route was clear, he was killed by another enemy volley from the left flank. S/Sgt. Dietz by his intrepidity and valiant effort on his self-imposed mission, single-handedly opened the road for the capture of Kirchain and left with his comrades an inspiring example of gallantry in the face of formidable odds.
    1945 - GARMAN, HAROLD A., Medal of Honor
Rank and organization: Private, U.S. Army, Company B, 5th Medical Battalion, 5th Infantry Division. Place and date: Near Montereau, France, 25 August 1944. Entered service at: Albion, Ill. Born: 26 February 1918, Fairfield, Ill. G.O. No.: 20, 29 March 1945. Citation: For conspicuous gallantry and intrepidity at the risk of his life above and beyond the call of duty. On 25 August 1944, in the vicinity of Montereau, France, the enemy was sharply contesting any enlargement of the bridgehead which our forces had established on the northern bank of the Seine River in this sector. Casualties were being evacuated to the southern shore in assault boats paddled by litter bearers from a medical battalion. Pvt. Garman, also a litter bearer in this battalion, was working on the friendly shore carrying the wounded from the boats to waiting ambulances. As 1 boatload of wounded reached midstream, a German machinegun suddenly opened fire upon it from a commanding position on the northern bank 100 yards away. All of the men in the boat immediately took to the water except 1 man who was so badly wounded he could not rise from his litter. Two other patients who were unable to swim because of their wounds clung to the sides of the boat. Seeing the extreme danger of these patients, Pvt. Garman without a moment's hesitation plunged into the Seine. Swimming directly into a hail of machinegun bullets, he rapidly reached the assault boat and then while still under accurately aimed fire towed the boat with great effort to the southern shore. This soldier's moving heroism not only saved the lives of the three patients but so inspired his comrades that additional assault boats were immediately procured and the evacuation of the wounded resumed. Pvt. Garman's great courage and his heroic devotion to the highest tenets of the Medical Corps may be written with great pride in the annals of the corps.
    1951 – 23rd Annual Academy Awards at the RKO Pantages Theater in Los Angeles was hosted by Fred Astaire. Best Picture (of 1950) was "All About Eve" (“It's all about women --- and their men!”), produced by Darryl F. Zanuck. It won six Oscars in all, including Best Supporting Actor for George Sanders, Best Director and Best Writing/Screenplay for Joseph L. Mankiewicz; Best Costume Design/Black-and-White for Edith Head and Charles Le Maire; and Best Sound/Recording (20th Century-Fox Sound Dept.). "All About Eve" also was nominated eight other times. The Best Actor award went to José Ferrer for "Cyrano de Bergerac" and the Best Actress was voted to be Judy Holliday for "Born Yesterday." Best Supporting Actress was Josephine Hull for "Harvey." Best Music/Song prizes were awarded to Ray Evans and Jay Livingston for the Nat King Cole classic, "Mona Lisa," from "Captain Carey, U.S.A."
http://www.infoplease.com/ipa/A0148477.html
    1951 - The Rodgers and Hammerstein musical "The King and I" opened on Broadway. "The King and I" starred Yul Brynner, age 31, in the role of the King of Siam, the king who, along with his subjects, valued tradition above all else. Anna, the English governess hired to teach the King's dozens of children, was portrayed by Gertrude Lawrence. Ms. Lawrence and Mr. Brynner acted, danced and sang their way into our hearts with such memorable tunes as: "Getting to Know You," "Shall We Dance," "Hello, Young Lovers," "I Whistle a Happy Tune," "We Kiss in a Shadow," "I Have Dreamed," "Something Wonderful," "A Puzzlement," and "March of the Siamese Children." "The King and I" ran for a total of 1,246 outstanding performances at New York's St. James Theatre.  http://www.geocities.com/crawfordgirl/yulramses.html
    1951 - In one of the most sensational trials in American history, Julius and Ethel Rosenberg are convicted of espionage for their role in passing atomic secrets to the Soviets during and after World War II. The husband and wife were later sentenced to death and were executed in 1953.
    1951 - The Chinese rejected MacArthur’s offer for a truce in Korea.
    1952 - Top Hits
“Wheel of Fortune” - Kay Starr
“Anytime” - Eddie Fisher
“Please, Mr. Sun” - Johnnie Ray
(“When You Feel like You're in Love”) “Don't Just Stand There” - Carl Smith
    1953 - U.S. Air Force Lieutenant Colonel George L. Jones, 4th Fighter-Interceptor Wing, became the 30th ace of the Korean War.
    1954 - Born at Scranton, PA, Karen Ann Quinlan (d. 1985) became the center of a legal, medical and ethical controversy over the right to die. She became irreversibly comatose on Apr 14, 1975. A petition filed by her adoptive parents in New Jersey's Superior Court, Sept 12, 1975, sought permission to discontinue use of a respirator, allowing her to die "with grace and dignity." In 1976, the petition was upheld by New Jersey's Supreme Court. Quinlan lived nearly a decade without the respirator, until June 11, 1985. Her plight brought into focus the ethical dilemmas of advancing medical technology--the need for a new understanding of life and death; the right to die; the role of judges, doctors and hospital committees in deciding when not to prolong life. Make sure you have written documents, properly executed in conformance with your state's law, to express your intentions regarding medical decisions (including "life support" systems that only prolong death), which may need to be made under circumstances in which you may no longer be able to make them for yourself.
    1958 – Oilers running back Earl Campbell was born in Tyler, TX.  Known as the Tyler Rose, he was a punishing, straight-ahead runner who gained recognition as one of the best power running backs in NFL history.  Campbell played college football for the University of Texas, where he won the Heisman Trophy and earned unanimous All-America honors in his senior season, as well as numerous other accolades. He was drafted first overall by the Oilers in 1978 and had an immediate impact in the league, earning NFL Rookie of the Year honors. He was named the NFL's Offensive Player of the Year in each of his first three seasons, during which he averaged nearly 1,700 rushing yards per season. He was the NFL MVP in 1979 after leading the league in rushing yards and touchdowns.  He was traded to the Saints six games into the 1984 season, where he spent his final season and a half before retiring. Campbell was inducted into both the College Football Hall of Fame (1990) and Pro Football Hall of Fame (1991). In 2019, he was named to the NFL’s 100th Anniversary All-Time Team. His jersey number is retired by the University of Texas and the Tennessee Titans who succeeded the Oilers when they moved to Nashville.
    1958 - Connie Francis enjoys her first chart success as "Who's Sorry Now?" reached Billboard's #4 spot. Over the next ten years she will place 55 more songs on the Billboard hit parade.
    1959 – “Some Like It Hot,” starring Marilyn Monroe, Tony Curtis and Jack Lemmon, premiered.
    1960 - Top Hits
The Theme from "A Summer Place" - Percy Faith
“Wild One” - Bobby Rydell
“Puppy Love” - Paul Anka
“He'll Have to Go” - Jim Reeves
    1961 - District of Columbia residents were given the right to vote in presidential elections under the 23rd Amendment.
    1962 - Jack Paar left his highly successful late night TV talk show after five years. He left behind a salary of $250,000 and an estimated audience of eight-million people, including my family. My father and I would stay up late every night, watching this show together. It was our favorite. On Friday nights, we had poker games and watched it while we played. Fill-in hosts were used, including one who would ultimately win the coveted position of host of "The Tonight Show." He was Johnny Carson before Johnny Carson.
    1964 - 534 Broadway, San Francisco. Comedian Lenny Bruce, wearing only his birthday suit fell out of the Swiss American Hotel’s second story window into the parking lot. He landed on his feet, breaking both ankles and smashing his bones into his hips. But he was conscious. The hospital attendants taped his mouth shut as his language was disturbing to them.
    1968 - Top Hits
(Sittin' On) “The Dock of the Bay” - Otis Redding
“Love is Blue” - Paul Mauriat
“La - La - Means I Love You” - The Delfonics
“A World of Our Own” - Sonny James
    1971 - Lt. William Calley is convicted of the premeditated murder of at least 22 Vietnamese civilians at My Lai 4. He was paroled in November, 1974.
http://www.law.umkc.edu/faculty/projects/ftrials/mylai/
myl_bcalleyhtml.htm
    1971 - Led Zeppelin registers all six of its albums on the charts simultaneously, a feat never before made in pop history.
    1971 - Charles Manson is sentenced to life imprisonment after 9 1/2-month trial, the longest in California history until then.  On January 25, 1971, the jury returned guilty verdicts against the four defendants, Manson and his ‘family,” on each of the 27 separate counts against them.  On April 19, 1971, Judge Older sentenced the four to death.  In February 1972, the death sentences of all five parties were automatically reduced to life in prison, where he remains today, by the California Supreme Court which abolished the death penalty in that state. He died in prison at the age of 83 in 2017.
    1973 – The US withdrew from Vietnam.  Two months after the signing of the Vietnam peace agreement, the last U.S. combat troops left as Hanoi freed the remaining American prisoners of war held in North Vietnam. America’s direct eight-year intervention in the War was at an end. In Saigon, some 7,000 U.S. Department of Defense civilian employees remained behind to aid South Vietnam in conducting what looked to be a fierce and ongoing war with communist North Vietnam.
    1973 - The "Alert Orange Baseball" was used for the first time in Major League history. An invention of Oakland A’s owner Charlie Finely, it was used in a spring training game. Finley contended the ball, painted the color of a construction worker's hat, will be easier for both players and fans to see. But pitchers complained that the ball was slippery and hard to grip, while batters were unable to pick up the spin of the ball without seeing the seams. Although Finley pushed for the use of colored baseballs during the regular season, the idea will never come to fruition.
    1975 - Last U.S. troops flee Vietnam. Saigon would fall a month later. The Vietnam War was the longest and most unpopular foreign war in U.S. history and cost 58,000 American lives. As many as two million Vietnamese soldiers and civilians were killed.
    1976 - 48th Academy Awards were held at the Dorothy Chandler Pavilion in Los Angeles. Hosts for the gala were Goldie Hawn, Gene Kelly, Walter Matthau, George Segal and Robert Shaw (Saul Zaentz, Michael Douglas, producers) selected as the Best Picture of 1975 "One Flew Over the Cuckoo's Nest." It also scored the Best Director prize for Milos Forman, the Best Actor honor for Jack Nicholson and the Best Actress Oscar for Louise Fletcher, plus the Oscars for Best Writing to Bo Goldman and Lawrence Hauben. The Best Supporting Actor nod went to eighty-year-old George Burns for "The Sunshine Boys" and Best Supporting Actress was Lee Grant in "Shampoo." The Best Music/Song winner was Keith Carradine for "I'm Easy" from "Nashville." Other favorite winning and nominated flicks from the year 1975 include: "Dog Day Afternoon" which won the Oscar for Best Writing/Original Screenplay (Frank Pierson); "Jaws" which was awarded gold statuettes for Best Sound (Robert L. Hoyt, Roger Heman, Earl Mabery, John R. Carter), Best Film Editing (Verna Fields); and Best Music/Original Score (John Williams); "The Day of the Locust;" "Funny Lady" and "Tommy."
http://www.infoplease.com/ipa/A0149329.html
    1976 - Jennifer Capriati (tennis champion: Olympic gold-medalist [1992], Wimbledon [1990]), born New York, New York.
    1976 - Top Hits
“December 1963” (“Oh, What a Night”) - The Four Seasons
“Dream Weaver” - Gary Wright
“Lonely Night” (“Angel Face”) - Captain & Tennille
“Til the Rivers All Run Dry” - Don Williams
    1979 - The House Select Committee on Assassinations released the final report on its investigation into the assassinations of President John F. Kennedy, Martin Luther King, Jr., and Robert Kennedy on this day. Based on available evidence, the committee concluded that President Kennedy was assassinated as a result of a conspiracy, although no trail of a conspiracy could be established. They also concluded that on the basis of scientific acoustical evidence two gunmen fired at the President, although no second gunman could be identified. [Note: In December 1980, the FBI released a report discounting the two-gunman theory, stating that the distinguishable sounds of two separate guns were not proven scientifically.] In addition, the committee concluded that the possibility of conspiracy did exist in the cases of Dr. King and Robert Kennedy, although no specific individuals or organizations could be pinpointed as being involved.
    1982 - The oldest soap opera on network television, "Search for Tomorrow," made a big change. It jumped from CBS, where it grew in popularity for 30 years, to the daytime schedule on NBC. During the change, the program, owned and sponsored by Proctor and Gamble, continued right along with the soap, going from one network to the other the following day. The company wanted to maintain its regular 12:30 p.m. time slot, but CBS had other plans for "Search." NBC agreed to the 12:30 time and "Search" became an NBC property. Lots of celebrities have been featured on "Search for Tomorrow" including: Don Knotts, Sandy Duncan, Lee Grant, Tom Ewell, Roy Scheider and Hal Linden.
    1982 - The 54th Annual Academy Awards, presented this day at the Dorothy Chandler Pavilion, Los Angeles. Johnny Carson acted as host for the party. Two of America's most revered performers, Henry Fonda and Katharine Hepburn scored as Best Actor and Best Actress in "On Golden Pond." The Best Picture (1981) and Best Writing/Screenplay Written Directly for the Screen (Colin Welland) was "Chariots of Fire" (David Puttnam, producer). It also won the prizes for Best Costume Design (Milena Canonero) and Best Music/Original Score (Vangelis). The Best Director Oscar went to Warren Beatty for "Reds." Best Supporting Actor, John Gielgud, won for his work in "Arthur." The Best Supporting Actress was Maureen Stapleton for "Reds" and Best Music/Song prizes went to Burt Bacharach, Carole Bayer Sager, Christopher Cross and Peter Allen for "Arthur's Theme (Best That You Can Do)" from "Arthur," of course. One of the night's biggest winners (four Oscars -- Art Direction, Sound, Film Editing, Special Effects -- and four more nominations) was "Raiders of the Lost Ark."
http://www.infoplease.com/ipa/A0149517.html
    1984 – The Yankees traded one of the key members of their last World Championship teams of the 1970s when they dispatched Graig Nettles to the San Diego Padres.  Nettles, who had angered Yankees owner George Steinbrenner by criticizing him in a book, hit 20 home runs and helped the Padres reach the 1984 World Series that they eventually lost to the Detroit Tigers.  Nettles’ timely hitting in both the 1977 and 1978 Series helped win both for the Yanks against the Dodgers.  His acrobatic fielding in the ’78 classic is still shown in highlight film that left the Dodgers in awe.
    1984 - Top Hits
“Jump” - Van Halen
“Somebody's Watching Me” - Rockwell
“Footloose” - Kenny Loggins
“Roll On” (“Eighteen Wheeler) – Alabama
    1989 - The 61st Annual Academy Awards ceremony was presented at the Shrine Auditorium, Los Angeles. There was no host. "Rain Man" (Mark Johnson, producer) was awarded the Best Picture Oscar with its star, Dustin Hoffman, scoring as Best Actor, Barry Levinson getting the Best Director prize, and Ronald Bass and Barry Morrow picking up the award for Best Writing/Original Screenplay. Best Actress (of all the movies of 1988) was Jodie Foster for "The Accused." The Best Supporting Actor Oscar was won by Kevin Kline for "A Fish Called Wanda" and the Best Supporting Actress was Geena Davis in "The Accidental Tourist." Carly Simon won Best Music/Song for "Let the River Run" from "Working Girl." Other popular movies from 1988 including Oscar winners and non-winning nominees were: "Dangerous Liaisons,” "Mississippi Burning," "Big,” "Gorillas in the Mist," "Who Framed Roger Rabbit," "Beaches," "Die Hard," "Beetlejuice," et al.
http://www.infoplease.com/ipa/A0149738.html
    1989 - Thunderstorms produced torrential rains in northeastern Texas and southwestern Arkansas. Longview, TX reported 14.16 inches of rain. More than eleven inches of rain at Henderson, TX caused a dam to give way, and people left stranded in trees had to be rescued by boat. Total damage in northeastern Texas was estimated at 10 to 16 million dollars
    1990 - Top Hits
“Black Velvet” - Alannah Myles
“Love Will Lead You Back” - Taylor Dayne
“I Wish It Would Rain Down” - Phil Collins
“I'll Be Your Everything” - Tommy Page
    1993 – 65th Annual Academy Awards at the Dorothy Chandler Pavilion, Los Angeles. Comedian/actor Billy Crystal hosted the show for the fourth straight year. Clint Eastwood was honored with Best Picture and Best Director Oscars for his "Unforgiven." He starred, directed and produced the gritty Western which also won an award for Best Film Editing (Joel Cox) and Best Supporting Actor (Gene Hackman). Best Actor was Al Pacino for "Scent of a Woman" and the Best Actress prize went to Emma Thompson for "Howards End." Marisa Tomei took home the award for Best Supporting Actress for "My Cousin Vinny." 'Toons winning tune awards was a popular 1990s event at the Oscars and this year was no different. "Aladdin" picked up two: Best Music/Song awarded to Alan Menken (music), Tim Rice (lyrics) for "A Whole New World" and Best Music/Original Score (Alan Menken).
http://www.infoplease.com/ipa/A0149864.html
    1994 – Jimmy Johnson, having guided the Cowboys to two Super Bowl victories in his five years, announced that he was resigning as Dallas’ head coach.  After the Cowboys had won their first Super Bowl under Johnson, Owner Jerry Jones told the media that any coach could have led the Cowboys to a Super Bowl. This infuriated Johnson. Another incident happened in December, 1993, when Johnson had said he would be interested in the Jacksonville Jaguars' head coaching position. This led to Jones telling the media that he alone would decide Johnson's coaching future. They agreed to part on March 28, 1994, after the Cowboys had won their second straight Super Bowl.  After winning in the year after Johnson departed, the Cowboys drought is ongoing, although they finally reached the playoffs in 2016.
    1997 – The Atlanta Braves opened new Turner Field with a 2-0 exhibition victory over the Yankees.  It served as the Braves’ home ballpark until their final season there in 2016, moving to a new stadium in nearby Cobb – as in Ty – County, SunTrust Park.  Turner Field was sold to Georgia State University to be converted to a football-only venue
    1998 - The Indiana Pacers, coached by Larry Bird, set an NBA record for fewest points scored in a game by one team since the advent of the 24-second clock in the 1954-55 season. The Pacers, without their two top scores, Reggie Miller and Rik Smits, managed on 55 points, losing to the San Antonio Spurs, 74-55. Indiana shot 27 percent for the game. The previous record for fewest points was 57 held by three teams.
    1999 - The Dow-Jones Index of 30 major industrial stocks topped the 10,000 mark for the first time.
    2004 - Top Hits
“Yeah!” - Usher Featuring Lil Jon & Ludacris
“One Call Away” - Chingy Featuring J. Weav
“Tipsy” - J-Kwon
“Solitaire” - Clay Aiken
    2008 - The Dodgers celebrated the 50th anniversary of their move to LA by playing an exhibition against the Boston Red Sox in their original home, the LA Memorial Coliseum. A crowd of 115,300 is present, the largest ever assembled at a baseball game anywhere.
    2011 - James Bullard, President of the Federal Reserve Bank of St. Louis calls for the Federal Reserve to limit its purchase of U.S. Treasuries because they 'feed the fire' of inflation.
    2020 – Dr. Anthony Fauci warned America that as many as 200,000 may die from COVID-19.  As of March, 2021, US deaths from the virus have exceeded 500,000.
   
NCAA Basketball Champions:
    1943 - Wisconsin
    1976 - Indiana
    1982 - North Carolina  
Stanley Cup Champions:
    1929 - Boston Bruins